UK-based GKN Aerospace Opens Regional Facility in Johor

UK-based GKN Aerospace Opens Regional Facility in Johor

An international aerospace and automotive components firm from the UK, GKN Aerospace has invested USD 35 million to establish a service and research center in Johor’s Nusajaya Technology Park. The new facility will primarily focus on servicing its customers in...
Malaysia to be Low Carbon Nation by 2040

Malaysia to be Low Carbon Nation by 2040

The Malaysian Government has rolled out the National Energy Policy 2022-2040 (NEP) with key goals of enhancing macroeconomic resilience and energy security, achieving social equitability and affordability, and ensuring environmental sustainability. NEP sets up a...
Japan Invests USD 1.96 Billion in Malaysia’s Strategic Sectors

Japan Invests USD 1.96 Billion in Malaysia’s Strategic Sectors

Malaysia received investments worth MYR 9.30 billion (USD 1.96 billion) in strategic and high-potential sectors such as electrical and electronic (E&E), Research & Development (R&D), biomass, information technology and communication, chemical industry, and...
Malaysia and Qatar to Explore Collaboration in Economic Fields

Malaysia and Qatar to Explore Collaboration in Economic Fields

Malaysia and Qatar hope to elevate their bilateral relationship through cooperation in economic fields like Islamic financing and the digital economy. The announcement was made by Malaysia’s Foreign Minister Datuk Seri Saifuddin Abdullah in August 2022 during the...
IWK, EMB to Lead Innovation in Creating Biofuels from Wastewater

IWK, EMB to Lead Innovation in Creating Biofuels from Wastewater

Indah Water Konsortium Sdn Bhd (IWK), Malaysia’s national sewerage company, signed a memorandum of understanding (MoU) to work with EMB Business Sdn Bhd, a green technology provider to pioneer the production of ethanol and biogas generated from wastewater...
Malaysian Bulk Carriers to Diversify into Grocery Business

Malaysian Bulk Carriers to Diversify into Grocery Business

Malaysian Bulk Carrier, Berhad (MAYBULK) has entered into a conditional agreement with leading retail group Tunas Manja Sdn Bhd (TMSB) to explore opportunities in the grocery retail business. It is part of an effort to diversify Malaysian Bulk carriers’ revenue...